LOS ANGELES, CA — September 28, 2020 — InStride, the premier global provider of strategic enterprise education™, was named to Fortune’s Impact 20 list of young companies that are focused on tackling key social and environmental issues as part of their business models. The Impact 20 was developed as part of Fortune’s Change the World series, which is now in its sixth year.
“We are thrilled to be honored as one of Fortune’s Impact 20 in its inaugural year, especially because it corroborates the incredible impact that strategic enterprise education is having on thousands of people’s lives,” said Vivek Sharma, InStride CEO. “In just over one year, more than 30 companies have helped their 26,000 learners (employees) avoid more than $164 million in student debt and provided them with access to quality online education at some of the world’s most respected universities.”
InStride helps employers such as Aramark, adidas, Banfield Pet Hospital, Prime Communications, and Desert Financial Credit Union create a more adaptable, innovative workforce by providing their employees career-boosting degrees and credentials from leading academic institutions. These degrees and credentials deliver measurable business outcomes and give InStride’s corporate partners advantages in employee recruitment and retention, while also addressing skills gaps within their organizations.
InStride’s unique strategic enterprise education process identifies a company’s specific strategic challenges, assesses skills gaps across the organization, and designs a comprehensive program that equips employees with relevant education opportunities through partnerships with top-quality institutions that are committed to serving working adult learners. Institutions that are part of InStride’s global academic network include Arizona State University, Harvard Business School Online, University of Wisconsin-Madison, City University of New York (CUNY), University of Washington Continuum College, Universidad Tecmilenio, Dublin City University and University of New South Wales.
Impact 20 companies were evaluated based on their potential impact, business viability, innovation and leadership, and track record. The companies chosen have turned the combination of profit and purpose into a foundational principle. More details about the Impact 20 are available here.